The combination Dogecoin/Tether (DOGE/USDT) jumps from the ascending trendline down.
A bearish descent downwards to the next support level at is expected.
Caution: A possible change in the direction of the resistance line at 0.10046 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Furthermore a ‘Tweezers Top’ candlestick chart pattern is found. The chart forms ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.10618 |
| 2nd High | 0.10434 |
| Next High | 0.10046 |
| Current Price | 0.092460000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.10046 – 0.09283 – 0.09246 – 0.09022 – 0.08666 – 0.0879 —
0.094650000 – 0.093150000 —
44.424665647686 – 38.765922729141 —
– —
0.10046 – 1773158400
Trading Signals: CRYPTO – DOGE – DOGE/USDT – USDT – Tweezers Top – – –